Virtus Terranova U.S. Quality Momentum ETF (JOET) Expected Move

Tracking the JOET expected move helps you see how far Virtus Terranova U.S. Quality Momentum ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Virtus Terranova U.S. Quality Momentum ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the JOET expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For JOET, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The JOET expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Virtus Terranova U.S. Quality Momentum ETF is unlikely to go.

The Fund strives to deliver exposure to U.S.-listed large-cap companies that combine strong quality fundamentals with positive momentum technical trends. The Fund seeks investment results that correspond, before fees and expenses, to the performance of the Terranova U.S. Quality Momentum Index. Joe Terranova , Senior Managing Director and Chief Market Strategist for Virtus Investment Partners, created and developed the Terranova U.S. Quality Momentum Index, whose methodology reflects the investing principles he has utilized to assess markets throughout his 30+ year career on Wall Street. Indxx, LLC is the index provider and calculation agent.

The portfolio managers are affiliated with Virtus Investment Advisers, LLC, the Fund's adviser.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the JOET expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Virtus Terranova U.S. Quality Momentum ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about JOET.